Baader Bank Reiterates “€87.00” Price Target for Bayer AG (BAYN)
Bayer AG (FRA:BAYN) has been given a €87.00 ($93.55) price objective by stock analysts at Baader Bank in a research report issued to clients and investors on Wednesday. The firm presently has a a “neutral” rating on the stock.
A number of other research firms also recently commented on BAYN. Citigroup Inc. restated a “buy” rating on shares of Bayer AG in a research note on Tuesday. S&P Global Inc. set a €120.00 ($129.03) price objective on shares of Bayer AG and gave the stock a “buy” rating in a research note on Wednesday, July 27th. Warburg Research set a €123.50 ($132.80) price objective on shares of Bayer AG and gave the stock a “buy” rating in a research note on Wednesday, July 27th. Jefferies Group set a €102.00 ($109.68) price objective on shares of Bayer AG and gave the stock a “neutral” rating in a research note on Thursday, August 4th. Finally, Bankhaus Lampe set a €103.00 ($110.75) price objective on shares of Bayer AG and gave the stock a “buy” rating in a research note on Thursday, November 3rd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €109.14 ($117.35).
Bayer AG (FRA:BAYN) opened at 90.03 on Wednesday. Bayer AG has a 52 week low of €83.87 and a 52 week high of €127.21. The company has a market capitalization of €74.45 billion and a price-to-earnings ratio of 15.88. The company’s 50-day moving average price is €90.32 and its 200 day moving average price is €92.38.
Bayer AG Company Profile
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